Introduction

Shares of interglobe aviation, the company which runs india's largest domestic air line, indigo, tanked four point five % in early trade. Exactly a week ago, the fierce boardroom battle and prolonged conflict between partners turned fore rakish gangwal and ravul partia took yet another serious turn. Gangwal announced his resignation from the air line port and gradual dilution of his stake. His exit paves the way for patia, also indigo co founder, taking complete control over the airline. But those closely following sabasy, the battle is nove near close.